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QQXT vs. NFTY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQXT vs. NFTY

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and First Trust India NIFTY 50 Equal Weight ETF (NFTY).

QQXT and NFTY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQXT is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Ex-Tech Sector Index. It was launched on Feb 8, 2007. NFTY is a passively managed fund by First Trust that tracks the performance of the NIFTY 50 Equal Weight Index. It was launched on Feb 14, 2012. Both QQXT and NFTY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QQXT vs. NFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). The values are adjusted to include any dividend payments, if applicable.

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QQXT vs. NFTY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund		-1.47%8.02%6.71%16.81%-13.09%12.02%36.85%28.02%-5.74%20.69%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		-11.54%5.47%5.18%24.00%-3.46%26.83%10.04%0.58%-1.51%21.78%

Returns By Period

In the year-to-date period, QQXT achieves a -1.47% return, which is significantly higher than NFTY's -11.54% return. Over the past 10 years, QQXT has outperformed NFTY with an annualized return of 10.10%, while NFTY has yielded a comparatively lower 7.60% annualized return.

QQXT

1D
0.08%
1M
-5.60%
YTD
-1.47%
6M
-0.61%
1Y
5.18%
3Y*
6.99%
5Y*
4.79%
10Y*
10.10%

NFTY

1D
-0.40%
1M
-8.21%
YTD
-11.54%
6M
-8.94%
1Y
-5.66%
3Y*
8.12%
5Y*
5.79%
10Y*
7.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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First Trust Nasdaq-100 Ex-Technology Sector Index Fund

First Trust India NIFTY 50 Equal Weight ETF

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QQXT vs. NFTY - Expense Ratio Comparison

QQXT has a 0.60% expense ratio, which is lower than NFTY's 0.80% expense ratio.

NFTY
First Trust India NIFTY 50 Equal Weight ETF
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund

Return for Risk

QQXT vs. NFTY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQXT
QQXT Risk / Return Rank: 2121
Overall Rank
QQXT Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
QQXT Sortino Ratio Rank: 2020
Sortino Ratio Rank
QQXT Omega Ratio Rank: 2020
Omega Ratio Rank
QQXT Calmar Ratio Rank: 2222
Calmar Ratio Rank
QQXT Martin Ratio Rank: 2424
Martin Ratio Rank
NFTY
NFTY Risk / Return Rank: 55
Overall Rank
NFTY Sharpe Ratio Rank: 66
Sharpe Ratio Rank
NFTY Sortino Ratio Rank: 55
Sortino Ratio Rank
NFTY Omega Ratio Rank: 55
Omega Ratio Rank
NFTY Calmar Ratio Rank: 66
Calmar Ratio Rank
NFTY Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQXT vs. NFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and First Trust India NIFTY 50 Equal Weight ETF (NFTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

QQXTNFTYDifference

Sharpe ratio

Return per unit of total volatility

0.32

-0.36

+0.68

Sortino ratio

Return per unit of downside risk

0.59

-0.43

+1.02

Omega ratio

Gain probability vs. loss probability

1.08

0.95

+0.13

Calmar ratio

Return relative to maximum drawdown

0.49

-0.39

+0.88

Martin ratio

Return relative to average drawdown

1.91

-1.37

+3.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQXT vs. NFTY - Sharpe Ratio Comparison

The current QQXT Sharpe Ratio is 0.32, which is higher than the NFTY Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of QQXT and NFTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QQXTNFTYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.32

-0.36

+0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.29

0.33

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.37

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.27

+0.18

Correlation

The correlation between QQXT and NFTY is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

QQXT vs. NFTY - Dividend Comparison

QQXT's dividend yield for the trailing twelve months is around 1.23%, less than NFTY's 2.00% yield.

TTM20252024202320222021202020192018201720162015
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund		1.23%1.20%0.98%1.10%0.92%0.35%0.28%0.35%0.38%0.32%0.31%0.40%
NFTY
First Trust India NIFTY 50 Equal Weight ETF		2.00%1.24%1.61%0.13%5.89%1.53%0.61%0.97%0.00%4.10%3.28%4.39%

Drawdowns

QQXT vs. NFTY - Drawdown Comparison

The maximum QQXT drawdown since its inception was -57.45%, which is greater than NFTY's maximum drawdown of -47.67%. Use the drawdown chart below to compare losses from any high point for QQXT and NFTY.

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Drawdown Indicators

QQXTNFTYDifference

Max Drawdown

Largest peak-to-trough decline

-57.45%

-47.67%

-9.78%

Max Drawdown (1Y)

Largest decline over 1 year

-11.09%

-16.14%

+5.05%

Max Drawdown (5Y)

Largest decline over 5 years

-24.74%

-21.55%

-3.19%

Max Drawdown (10Y)

Largest decline over 10 years

-30.40%

-47.67%

+17.27%

Current Drawdown

Current decline from peak

-5.89%

-19.14%

+13.25%

Average Drawdown

Average peak-to-trough decline

-8.14%

-9.51%

+1.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

4.59%

-1.76%

Volatility

QQXT vs. NFTY - Volatility Comparison

The current volatility for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) is 4.27%, while First Trust India NIFTY 50 Equal Weight ETF (NFTY) has a volatility of 7.42%. This indicates that QQXT experiences smaller price fluctuations and is considered to be less risky than NFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQXTNFTYDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.27%

7.42%

-3.15%

Volatility (6M)

Calculated over the trailing 6-month period

8.06%

11.42%

-3.36%

Volatility (1Y)

Calculated over the trailing 1-year period

16.06%

15.79%

+0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.32%

17.53%

-1.21%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.60%

20.72%

-3.12%